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The Hong Kong Monetary Authority (HKMA) has announced plans to introduce a CNY 100bn (US$13.7bn) funding facility at the end of February to support international trade settlements in China's currency. The move aims to address the increasing demand for Chinese...
#HKMA#supply chain#swift
Netbank has formed a strategic partnership with fintech innovator Jia Financing to streamline loan distribution for small and medium enterprises…
#invoice finance#Jia financing#Netbank
In a landmark move to enhance credit availability for micro and small enterprises (MSEs), the Ministry of micro, small, and…
#CGTMSE#CredAble#NBFC
MonetaGo, a global leader in fraud prevention technology for financial institutions, is pleased to announce that Mr. Kalyan Basu has…
#Fraud Prevention#Managerial Appointment#MonetaGo
Following its acquisition of Advance Microfinance Bank in March last year, Egypt-based fintech Halan Microfinance Bank has announced plans to…
#fintech#Halan Microfinance#microfinance
Veefin Group, a Mumbai-based fintech specialising in supply chain finance and digital lending solutions, has acquired Dubai-based TradeAssets through its…
#aquasition#supply chain finance#Trade Assets
Allied Bank has entered a strategic partnership with Fauree Tech Pvt. Limited, a leading fintech company specialising in supply chain…
#digital solutions#sme finance#supply chian finance
NDB Bank has launched TradeLinc, a new in-house platform designed to provide Sri Lankan businesses with supply chain financing (SCF)…
#digital SCF platform#fintech#NDB Bank
The year 2023 was a year when the invoice finance industry in New Zealand had some good growth of approximately…
#Craig Brown#Lock Finance#World Factoring Yearbook
Trafigura, a market leader in the global commodities industry, today announces the closing of its inaugural uncommitted discounted facility of…
#invoice discounting#invoice finance#receivables finance
In continuation of the Memorandum of Understanding (MOU) signed between NEC Corporation Thailand (NEC) and AIRA Factoring Public Company Limited…
#AIRA Factoring#digital SCF platform#NEC Corporation
KredX, India’s leading supply chain finance platform, has received the Reserve Bank of India’s (RBI) final approval to commercially launch…
#Anurag Jain#KredX#Manish Kumar
Vesync Co., Ltd., a leading home appliance retailer headquartered in Hong Kong, has amended its Receivables Discounting Agreement with HSBC.…
#HSBC#invoice discounting#invoice finance